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The Virgil Portfolio

2 Properties Offered at £4,314,255 in Los Angeles, CA

Executive Summary

Realty Group Advisors is pleased to introduce our latest listing! This substantial 12,654-square-foot lot in the thriving Silver Lake neighborhood presents a rare opportunity to acquire two mixed-use buildings, both zoned LAC2. These buildings offer exceptional versatility for a range of commercial and development possibilities.
Building one is the larger of the two building structures, this 5,943 square foot building is well equipped for a sizable operation. With its generous open space and private offices, it includes four restrooms, ensuring convenience and flexibility for businesses. The building’s layout is ideal for accommodating various tenants or a single business with significant space requirements. A well-maintained exterior and interior to the property appeal, making it a prime choice for those seeking a prominent presence in the area.
Complementing the larger structure building two, this 832-square-foot building offers a more intimate setting, ideally suited for a small business, boutique office, or specialty retail space. Despite its compact size, it includes a private restroom and efficient use of space, providing a cozy yet professional environment. This building could serve as an independent office, a workspace, or even a potential residential property for supplemental income.
Both buildings are currently utilized as office spaces and will be delivered vacant, allowing for immediate occupancy. The spacious lot size not only provides ample parking but also potential for future development or expansion, subject to zoning regulations. The property’s prime location in Silver Lake, a neighborhood known for its eclectic mix of businesses, restaurants, and residential areas, further enhances its attractiveness, offering excellent visibility and access to a vibrant local market.

Attachments

222 Virgil OM

Property Facts

Price £4,314,255
Price / SF £636.79 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 6,775 SF
Total Land Area 0.16 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
222 N Virgil Ave, Los Angeles, CA 90004 Light Industrial 5,943 SF 1938 -
3564 Smilax St, Los Angeles, CA 90004 Office 832 SF 1950 -
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  • Listing ID: 32987723

  • Date on Market: 28/08/2024

  • Last Updated:

  • Address: The Virgil Portfolio, Los Angeles, CA

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